Security News

September 16, 2019

Order checks for Apple’s new iPhone bode well: analysts

This post was originally published on this sitePre-orders for Apple Inc’s latest iPhones have gotten off to a better start than the last cycle a year ago, several Wall Street analysts said on Monday, citing their own research data.
September 16, 2019

Facebook’s Libra in regulators’ sights as ECB’s Coeure warns of ‘stablecoin’ risks

This post was originally published on this siteFacebook’s attempt to drag cryptocurrencies into the mainstream with its Libra digital coin met with further scepticism on Monday when an ECB board member said such “stablecoins” posed serious risks.
September 16, 2019

U.S. to allow drivers to choose ‘quiet car’ alert sounds

This post was originally published on this siteThe National Highway Traffic Safety Administration on Monday proposed allowing automakers to offer a variety of sound choices for electric vehicles and other “quiet cars” to choose from to alert pedestrians.
September 16, 2019

VW, Ford in talks to develop second electric car in Europe: Handelsblatt

This post was originally published on this siteFord could build more than one model of electric car based on Volkswagen’s electric vehicle platform, Ford’s Europe Chief Stuart Rowley told German daily Handelsblatt.
September 16, 2019

Israeli checkout-free technology startup Trigo raises $22 million

This post was originally published on this siteTrigo, an Israeli-startup whose technology allows customers to automatically check out in grocery stores, said on Monday it raised $22 million in an early stage funding round, bringing funds raised to date to $29 million.
September 16, 2019

France’s Canal+ pairs up with Netflix in pay-TV shift

This post was originally published on this siteVivendi’s Canal+ on Monday said it agreed a deal to add Netflix shows to its television bundles in France and elsewhere to retain subscribers, as pay-TV firms counter pressure from streaming giants by striking alliances with them.
September 16, 2019

Fintech company Plaid discloses investments from Visa, Mastercard

This post was originally published on this siteFinancial technology company Plaid Inc said on Monday that Visa Inc and Mastercard Inc were strategic investors in a $250 million round of Series C financing raised in December.
September 16, 2019

ECB’s Coeure says ‘stablecoins’ pose risks amid resistance to Facebook’s Libra

This post was originally published on this siteA new breed of asset-backed cryptocurrencies such as Facebook’s Libra are untested and pose serious risks, the European Central Bank’s Benoit Coeure said on Monday, pledging a tough regulatory approach.
September 16, 2019

Stablecoins harbor big risks, tough rules needed: Coeure

This post was originally published on this siteStablecoins such as Facebook’s planned Libra are untested and pose serious risks, the European Central Bank’s Benoit Coeure said on Monday, pledging a tough regulatory approach amid global scrutiny of the social media company’s project.
September 16, 2019

Apple takes fight against 13-billion-euro EU tax order to court

This post was originally published on this siteApple will launch a legal challenge on Tuesday to a European Commission order to pay 13 billion euros ($14.4 billion) in Irish back taxes in a landmark case in the EU’s crackdown on tax avoidance by multinational companies.
September 16, 2019

Start-ups to grab $280 billion in banking payments revenues by 2025, study says

This post was originally published on this siteBanks are set to miss out on as much as $280 billion in revenue from their payments operations by 2025, as new start-ups muscle in and more of the business of sending money to individuals and companies becomes instant and free, according to a new report.
September 16, 2019

EU to pursue web tax plan alone if no global accord: Gentiloni

This post was originally published on this siteThe European Union plans to introduce a tax on digital services even in the absence of a global accord on a so-called ‘web tax’, the Commissioner-designate for Economic Affairs Paolo Gentiloni was quoted as saying on Monday.
September 15, 2019

Apple TV+ premieres with star-studded period drama ‘Dickinson’ at Tribeca Festival

This post was originally published on this siteApple TV+ premiered its first show at the Tribeca TV Festival on Saturday, flaunting feminist snark, lavish period costumes and a star-studded cast in “Dickinson,” a series that sheds a modern light on the life of an iconic American poet.
September 15, 2019

Global regulators to question Facebook’s Libra amid EU concerns: paper

This post was originally published on this siteGlobal regulators will question Facebook on Monday about its Libra cryptocurrency, amid concerns from European Union governments over the threat the digital currency poses to financial stability, the Financial Times reported on Sunday.
September 13, 2019

Apple has sour reaction to Goldman Sachs’ analyst note

This post was originally published on this siteApple Inc struck out at a Goldman Sachs Group Inc analyst on Friday in a relatively rare public dust-up between a blue chip Wall Street firm and its client.
September 13, 2019

Disney CEO Bob Iger resigns from Apple board as TV battle looms

This post was originally published on this siteApple Inc said https://www.sec.gov/ix?doc=/Archives/edgar/data/320193/000032019319000093/a8-kseptember201991019.htm on Friday that Walt Disney Co Chief Executive Officer Bob Iger had resigned from the company’s board of directors on Sept. 10 as the two companies prepare to compete head-to-head in the streaming television business.
September 13, 2019

Disney CEO Bob Iger resigns from Apple board

This post was originally published on this siteApple Inc said on Friday Walt Disney Co Chief Executive Officer Bob Iger had resigned from the company’s board of directors on Sept. 10.
September 13, 2019

Apple, Facebook, Amazon, Google emails demanded in U.S. House panel probe

This post was originally published on this siteA U.S. House of Representatives panel on Friday demanded internal emails, detailed financial information and other company records from top executives of Amazon.com Inc. , Facebook Inc , Apple Inc , and Alphabet Inc’s Google , widening the antitrust probe of Big Tech.
September 13, 2019

Factbox: Facebook’s cryptocurrency Libra and digital wallet Calibra

This post was originally published on this siteFacebook Inc revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into trouble with skeptical regulators around the world.
September 13, 2019

Apple counters Goldman call on ‘negative impact’ of Apple TV+ trial

This post was originally published on this siteApple Inc on Friday disputed a Goldman Sachs research note which stated that the company’s plans to account for the trial of its new streaming service Apple TV+ will have a “material negative impact” on its results.
September 13, 2019

Apple’s app store eyed in U.S. Congress antitrust probe

This post was originally published on this siteThe U.S. House Judiciary Committee on Friday requested information from Apple Inc Chief Executive Tim Cook as part of an investigation of competition in digital markets.
September 13, 2019

Twitter restores some blocked Cuban official accounts

This post was originally published on this siteTwitter Inc has restored some of the accounts of Cuban state-run media, journalists and government officials it had blocked on Wednesday, although others like that of Communist Party leader Raul Castro remain suspended.
September 13, 2019

France, Germany blast Facebook’s Libra, back public cryptocurrency

This post was originally published on this siteFrance and Germany said on Friday that Facebook’s Libra currency posed risks to the financial sector that could block its authorization in Europe, and backed the development of an alternative public cryptocurrency.
September 13, 2019

VW CEO shifts strategy from empire building to efficiency

This post was originally published on this siteVolkswagen has abandoned its decades-old obsession with empire building and no-expense-spared engineering to free up resources for the development and mass production of electric cars, its CEO Herbert Diess told Reuters.
September 13, 2019

France and Germany agree to block Facebook’s Libra

This post was originally published on this siteFrance and Germany have agreed to block Facebook’s Libra cryptocurrency, the French finance ministry said on Friday.